New Issue: JPMorgan prices $811,000 digital notes linked to iShares MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., April 3 - JPMorgan Chase & Co. priced $811,000 of 0% digital notes due April 5, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is zero or positive, the payout at maturity will be par plus a 15.2% digital return. Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond the 10% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$811,000
Maturity:	April 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is zero or positive, $1,152 per $1,000 principal amount; par if fund falls by up to 10%; exposure to any losses beyond 10% buffer
Initial price:	$67.17
Pricing date:	March 31
Settlement date:	April 3
Agent:	J.P. Morgan Securities LLC
Fees:	0.1%
Cusip:	48127DBN7

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